Deal Snapshot: Uk Lonrho to Take Full Control of S African Rollex for Zar51.45m
M & A Navigator › July 30, 2010
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MANAVIGATOR-July 27, 2010-Deal snapshot: UK LONRHO TO TAKE FULL CONTROL OF S AFRICAN ROLLEX FOR ZAR51.45M (C)2010 M2 COMMUNICATIONS http://www.m2.com
UK-based Pan-African investment company Lonrho (LON:LONR), controlling 51% of South African agribusiness Rollex, said it had agreed to take full control of the company, for a discount price of ZAR51.45m(USD6.8m/EUR5.5m) in a stock deal and thus to boost shareholders profit.See the full content of this document
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Deal Snapshot: Uk Lonrho to Take Full Control of S African Rollex for Zar51.45m
Country: South Af...
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